1308 Kerrington WayCloverSC29710
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clover at 1308 Kerrington Way, Clover, SC, 29710 generates $3,359/mo in rent and, after a $2,668/mo payment, leaves $114/mo in cash flow. Total monthly income is $3,359/mo, and annual cash flow is $1,371/yr on $179,305 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.4% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 107.43% and total cumulative return in cash sums $192,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,359/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Jessica Cody • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335147